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A service for global professionals · Wednesday, February 19, 2025 · 787,367,388 Articles · 3+ Million Readers
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Sweden Bankruptcy Newswire

  • Published on 13:13 GMT

    Nikola goes bankrupt, punctuating EV maker's wild ride

    (Bloomberg) — Nikola Corp. (NKLA) filed for bankruptcy, culminating a long slide for the onetime darling of the electric-vehicle industry, which struggled with weak sales and cycled through CEOs in the wake of a fraud scandal. Most Read from Bloomberg The …

    Source: Yahoo Finance - Label Pending
  • Published on 11:13 GMT

    Zwipe runs out of time for biometric card revenues, files for bankruptcy

    Zwipe AS has filed for bankruptcy after an arbitration ruling and years of disappointing revenues. The Oslo Chamber of Commerce ruled in January that Zwipe would have to pay Idex Biometrics $702,000, plus taxes, interest for late payment and legal costs …

    Source: Biometric Update - Neutral
  • Published on Feb 18, 2025

    Popular bankrupt retail chain to close 500 stores

    A popular fabrics and craft retailer is shutting down more than half its stores as it navigates its second bankruptcy. JOANN is closing roughly 530 “underperforming” stores across 40 states. The closures come after the chain filed Chapter 11 bankruptcy in …

    Source: AL.com - Alabama - Label Pending
  • Published on Feb 14, 2025

    List: The more than 500 JOANN stores expected to close amid second bankruptcy filing

    3801 Old Seward Highway Anchorage Alaska 8745 Glacier Hwy Juneau Alaska 354 Cox Creek Pkwy Florence Alabama 7951 Eastchase Pkwy Montgomery Alabama 1702 Veterans Memorial Pkwy East Tuscaloosa Alabama 7609 Rogers Avenue Fort Smith Arkansas 2813 E Nettleton …

    Source: WTTV - Indiana - Neutral
  • Published on 07:19 GMT

    Northvolt to sell industrial battery unit to Scania

    Patricia Nilsson in Frankfurt, Maxine Kelly in London, and Kana Inagaki in Tokyo February 18 2025 Jump to comments sectionPrint this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly …

    Source: The Financial Times - Neutral
  • Published on Feb 18, 2025

    Duwisib Castle

    This red-stone castle emerges from the desert in the middle of nowhere. It’s built in the neo-romantic style, but served its romantic purposes for just seven years. In 1907, German army captain Hansheinrich von Wolf fell in love with Jayta Humphreys, a …

    Source: Atlas Obscura - Neutral
  • Published on Feb 18, 2025

    Northvolt sells industrial battery unit to Scania

    Ailing Swedish electric car battery maker Northvolt said Tuesday it was selling a business unit making heavy industry battery packs, with truck manufacturer Scania confirming it was the buyer. Established in 2018, Northvolt Systems Industrial “is a …

    Source: Macau Business - Pro-Government
  • Published on Feb 18, 2025

    Trump and Vance have smashed the old order – how should Europe respond?

    This assault on democracy has left Europe reeling – and alone Nathalie Tocci Guardian Europe columnist For years, many of us assumed that with the decline of the US-led liberal international order, the split between democracies and autocracies would be …

    Source: The Guardian - Center-left
  • Published on Feb 18, 2025

    Northvolt sells industrial battery business to Scania

    Swedish gigafactory Northvolt, which declared itself bankrupt in November last year, has sold its industrial battery division to truck manufacturer Scania, which is both a customer and shareholder of Northvolt. The division, Systems Industrial, specialises …

    Source: Sifted - Neutral
  • Published on Feb 18, 2025

    Northvolt sells heavy industry battery business to truckmaker Scania

    Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution of binding agreements.Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one …

    Source: ETAuto - Uncategorized
  • Published on Feb 18, 2025

    US Republican senator says ‘no appetite’ in Senate for American control of Gaza

    Live updates: Follow the latest on Israel-Gaza A top US Republican and longtime ally of President Donald Trump has said after meeting Israeli Prime Minister Benjamin Netanyahu in Tel Aviv that there is not much support in the US Senate for any American …

    Source: The National News - Pro-Government
  • Published on Feb 18, 2025

    Battery technology: Volvo takes over Novo Energy from Northvolt

    Volvo and Northvolt have not commented on the purchase price. Northvolt sees the deal as positive. According to the firm, the transaction shows that market interest in Northvolt remains strong. Pressemitteilung | Reading time: min | Bildquelle: Britta …

    Source: Foundry-Planet.com - Neutral
  • Published on Feb 17, 2025

    Did Elon Musk Warn of China and Its Growing Power?

    Well, um, it’s simple: when China grows, uh, it messes with other people’s profits. So, uh, let’s start with a fresh example – AI, yeah? You heard about that DeepSeek model, right? It just blew up in days, and Wall Street? Uh, total panic mode. Microsoft, …

    Source: Tech ARP - Uncategorized
  • Published on Feb 16, 2025

    EV Thermal Barrier Firm to Halt $325M Plant in Statesboro

    Aspen Aerogels is abandoning a $325 million plant to make thermal barriers in Statesboro, becoming the latest battery or component supplier to vacate a major Georgia project amid uneven demand for electric vehicles.  “We’re meeting long-term demands by …

    Source: Global Atlanta - Georgia - Neutral
  • Published on Feb 15, 2025

    Tycoons including Nelson Peltz and Paul Singer have made billions by piling into UK firms demanding change: So... should ...

    It was the news that lit up BP's languishing share price. The oil giant leapt 8 per cent last week after it emerged that aggressive US investor Elliott Investment Management had built a near 5 per cent stake worth almost £4 billion in BP, fuelling …

    Source: This Is Money - Neutral
  • Published on Feb 15, 2025

    The British Nearly Built A Veyron-Killing GT With A Turbocharged Viper V10 Engine

    The British have long had a history of making stunning, unique sports cars. Most of them by small, privately owned firms started by an eccentric car nut with a passion for hand-built sports cars. In the industrial seaside town of Bristol, there were …

    Source: CarBuzz - Label Pending
  • Published on Feb 15, 2025

    ANALYSIS – Rise and fall of Northvolt

    A tale of corporate greed, good marketing and technical inaptitude Realizing the inevitability of Europe moving towards a massive production of electric batteries – for electric vehicles (EV) and stationary –, the green consciousness of European people, …

    Source: Macau Business - Pro-Government
  • Published on Feb 14, 2025

    The Supercar Maker That (Almost) Did Everything Right And Still Failed

    Dutch carmaker Spyker has been building spectacular supercars since 2000. Beautiful, fast, great handling, bespoke, exclusive... a Spyker ticks all the boxes. Yet Victor Muller, one of the original Spyker founders, made some dodgy business decisions that, …

    Source: CarBuzz - Label Pending
  • Published on Feb 14, 2025

    The night Vitória humiliated Minho rivals Braga

    On Sunday evening Vitória host Braga in what is sure to be another fiercely fought-out local derby. Rivalries don’t get any bigger in Portugal than the Minho derby. They may not have won much over the years and yes, the region, like any other in the land, …

    Source: PortuGOAL - Neutral

05 days 13:09:12

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